Nigerian Private Sector Warns Excise Bill Could Undermine Fiscal Reform Agenda

The Organised Private Sector in Nigeria, comprising various business associations, has cautioned against the proposed amendments to the Excise Bill, expressing concerns that the changes could undermine President Tinubu's fiscal reform agenda. They argue that the amendments may lead to increased costs for businesses and consumers without substantial public health gains.

The sector advocates for a holistic approach to fiscal policies to ensure economic stability and job creation while improving health outcomes. The amendments are criticized for potentially conflicting with national industrial priorities, such as the Nigeria Sugar Master Plan.